47th, Portland, ORMultnomah County

PUBLISHED RESERVE: $150,000

LAST ASKING PRICE: $247,500

SIZE: .92± Acres

ZONING: CG - General Commercial

PROPERTY INSPECTION: At Any Time

FINANCING: None - All Cash

DESCRIPTION: This 40,075± sq. ft. in-fill development site, located in southwest Portland and overlooking Barbur Boulevard, has excellent access to both I-5 and downtown Portland. There are two apartment buildings located by the site along S.W. Luradel Street, and the property has potential for development of affordable housing, with Barbur Boulevard Transit Center nearby. The CG zoning allows a variety of uses including apartment, office, retail and additional commercial uses. (See zoning information and other site data in Supplemental Information Package.) Access to the property is currently from SW 47th Avenue. An entry from Barbur Boulevard will require Oregon Department of Transportation approval. All utilities are available to the property from SW 47th Avenue